BUY rating with an unchanged PE-based target price of S$0.072.
Potential Second CSOV
Plans for a second CSOV are in the pipeline, possibly constructed in collaboration with Norwegian vessel designer Salt Ship Design.
Estimated cost: US60m-70m (S
80M-94m), with improved financing prospects due to the successful completion of the first CSOV.
Plans for a second CSOV are in the pipeline, possibly constructed in collaboration with Norwegian vessel designer Salt Ship Design.
Estimated cost: US60m-70m (S
80M-94m), with improved financing prospects due to the successful completion of the first CSOV.
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